2022 Grey Swan #5: La Nina Strikes Hard – Noah’s Ark Time?
- By John Tierney
- 2 min read
The 2021-22 winter will be a La Niña event – like last year. The massive rainstorms and flooding that hit British Columbia in November were almost surely a consequence of La Niña – most likely exacerbated by climate change. Normally mild, should La Niña turn severe, we could face extreme weather events that disrupt auto and computer industry supply lines, wreak havoc for insurance companies, and send crop prices sky high.
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